Bandhan Mutual Fund decreased its stake in Greenply Industries from 2.27% to 2.11%, selling 207,878 shares. The shares were valued at ₹6.12 Cr at a price of ₹294.75 apiece.
A leading plywood and panel products manufacturer in India, Greenply Industries produces a diverse range of offerings including plywood, blockboards, decorative veneers, doors, and film-faced plywood for residential and commercial applications. Established in 1990, the company operates across the organized plywood segment with vertically integrated manufacturing operations. Its product portfolio serves the construction, furniture, and interior design sectors throughout India.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
